Member Info for TheSyrup

"Did we lose contract? Why went down 99.99%?"... no worthwhile contracts in that time and massive dilution devaluing the share is a good place to start when answering that question... plus the BoD want to dilute much much more

Consolidation just allows the dilution merry go round to start again.

.... in other words they are up a river of excrement with no means of propulsion.

Imo only some form of loan from Levi and his mates saves this company. Time to see how confident he is in the future of ENET

They need cash urgently to stay as a going concern. Cash reserves must almost gone now and they have little to no income. They cannot raise under 0.022p, either with outstanding warrants or a new placing. In reality the sp will need to be much higher than 0.022p to allow for a placing at a discount price.

The 0.022p figure is there because ENET nominal share value is 0.001 Israeli Shekels. equates to 0.022p at current exchange rates

Https://ethernitynet.com/investors/#Shareholder_Analysis

Lse data is wrong. There are over 5 B illion shares in issue

Levy has deep pockets I'm sure... looks like he has short arms though

"An immediate cash requirement"... so they can pay themselves another months bloated wages for October

Same s**t, different day.

5,036,363,633 shares x 0.018p SP = £906k market cap I think, assuming I've got the decimal places in the right place

No. Its more... about £650k I think

@Hopist. The market cap isn't £180k. Lse has the wrong info. There are over 5 Billion shares, not 1B that lse states.

Pot kettle black there Firwood. You were posting that negative or realistic posts were by shorters and the trick is to "buy before they close"... your words not mine. Agenda??? Maybe do a bit of research next time before you post. Thee are no shorts on this stock.

IG don't let you short this stock. Open an account and try it if you don't believe me.

There are no open short positions in ENET. See the open short positions tab above. I don't know of any firm that would let you short this.

That would make a change... Levi has been pulling shareholders pants down for years

Have they got enough money to cover September's bills and salaries? Levi doesn't look like he wants to cut his massive monthly wage. Surely a share suspension isn't far away unless a miracle occurs.

One of many pearls of wisdom from Mickey

No sign of Levi dipping into his pockets to loan the company money, or even take a pay cut to reduce expenses. Whilst a spike might get it above the magic figure of 0.022p to issue more shares, getting it to hold long enough to do a fund raise looks a long long way away. This is trading fodder, any rise gets sold into fairly quickly.

You were wrong. Own it and move on. No need for cheap insults.

Good evening sir